Financial Charge Rebate

ABSTRACT

Aspects of the disclosure relate to assisting credit account holders during economic hardship. More specifically, aspects of the disclosure relate to systems and methods for providing a rebate of at least a portion of a finance charge applied to a credit account. Unlike certain prior art systems and methods, embodiments disclosed herein may benefit both the credit account holder as well as the financial institution that extends the credit account. In one embodiment, it may be determined that several credit accounts meet a threshold of probability of having a charge-off. In certain embodiments, the number of accounts that receive a rebate may be limited to a certain percentage of credit accounts with a non-zero balance.

CROSS-REFERENCE TO RELATED APPLICATION

This application is a continuation application of and claims the benefitof priority from U.S. application Ser. No. 12/652,568, entitled“FINANCIAL CHARGE REBATE,” and filed on Jan. 5, 2010. The content of theaforementioned application is incorporated herein by reference in itsentirety.

TECHNICAL FIELD

Aspects of the disclosure relate to assisting credit account holdersduring adverse economic periods. More specifically, aspects of thedisclosure relate to systems and methods for providing a rebate of atleast a portion of a finance charge applied to a credit account.

BACKGROUND

During periods of economic decline or stagnation, consumers andbusinesses alike typically increase balances on credit accounts. Forexample, revolving credit accounts like credit cards generally permit anaccount holder to purchase goods and necessities using a credit lineassociated with a finance charge. The finance charge may be applied asan annual percentage rate (APR) on a monthly billing cycle.Unfortunately, however, during adverse economic periods, an accountholder may miss one or more payments or be forced to select whichaccounts are paid while others remain unpaid. Unfortunately, suchactions are harmful to the both the account holder and the financialinstitution that extended the account to the account holder. The accountholder's credit rating may be adversely impacted and the financialinstitution may have to take a “charge off,” where the credit balance onthe account is written off as a loss.

Prior attempts to minimize the impact of harsh economic conditions oncredit accounts often focused on reducing charge-offs, however, did notadequately address the economic realities facing the credit accountholder. For example, one prior attempt focused on reducing the minimumpayment amount for a billing period. For example, if a credit accounthad a $200 minimum payment amount to be paid for the next month (billingperiod), the minimum payment may have been adjusted to require that theaccount holder pay only $150. Although such attempts reduced the monthlyexpenditure by $50, they often did not assist the account holder inreducing the account balance. Specifically, the finance charges absorb alarger portion of the payment, thus the credit balance declines at aslower pace (or may even stay the same). Despite being a popularapproach, it often causes the financial institution to have a charge-offand an adverse effect on the credit account holder's credit rating.

New systems and methods that reduce charge-offs could permit thefinancial institution to extend credit or otherwise assist other creditaccount holders during periods of economic turmoil. Further, the accountholder may retain a desired credit rating (or at least minimize anyadverse impact to his/her credit rating). For this and other reasons,systems and methods that alleviate some or all of the negative aspectsof prior art systems would be beneficial to the art.

BRIEF SUMMARY

The following presents a simplified summary of the disclosure in orderto provide a basic understanding of some aspects. It is not intended toidentify key or critical elements of the invention or to delineate thescope of the invention. The following summary merely presents someconcepts of the disclosure in a simplified form as a prelude to the moredetailed description provided below.

Aspects of the disclosure relate to reducing the economic burden oncredit account holders. Further aspects relate to preventing orminimizing excessive expenses on the financial institution holding apast due or suspected to be past due credit account. Further aspects ofthe disclosure relate to reducing past due amounts in credit accounts.

Aspects of the invention may be provided in a computer-readable mediumhaving computer-executable instructions to perform one or more of theprocess steps described herein. In one illustrative process, anotification may be received indicating that a credit account meets athreshold probability of resulting in a charge-off to the financialinstitution extending the credit account. In one embodiment, thenotification may comprise an indication that several accounts are likelyto result in a charge-off. The notification may be generated as a resultof one or more algorithms that determine which accounts from severalaccounts are likely to result in a charge-off. The credit accounts thatmeet the threshold probability may be past due, current, or combinationsthereof.

In one embodiment, the determination may be performed, at least in part,with an account monitor module on a computing device. In certainembodiments, the determination may consider information such as theaccount holder's utilization of the credit account, account transactions(including past due accounts and payment history), inquiries into thecredit account, information from other accounts, and combinationsthereof. In certain embodiments, the notification may be a result of aproactive event by the account holder, such as for example, contactingthe financial institution and indicating that they are experiencingadverse economic conditions. In one embodiment, the proactive event mayinclude an indication by the account holder that they may not make aminimum payment amount. In certain embodiments, the account holder maybe under financial distress but not qualify or one or more “workout”programs offered by the financial institution, a third party, includinga government agency.

In one embodiment, it may be determined (or a notification indicative ofthe determination may be received) that the minimum payment amount wasreceived for a first billing period for at least one of the creditaccounts determined to meet and/or exceed the threshold. The receptionor determination may be made by a payment monitor module. Based upon thereception of the minimum payment amount received for that billingperiod, the credit account may be deemed eligible for a rebate up to andincluding the finance charge during the first billing period. In oneembodiment, the minimum payment amount due is not reduced for the nextbilling period.

A notification indicating eligibility for the rebate may be provided toan account holder of the credit account, thereby incentivizing theaccount holder to promptly pay the required payment. Such notificationmay notify the account holder of further restrictions or eligibilityrequirements for the rebate. In one embodiment, in order to remaineligible for the rebate the credit balance cannot increase between thefirst billing period and a second billing period. In another embodiment,no activity that increases the credit balance may occur between twobilling periods to remain eligible for the rebate. In furtherembodiments, the minimum payment amount must be received before aspecified date to remain eligible. Those skilled in the art willunderstand that other restrictions may be applied without departing fromthe scope of this disclosure.

Further embodiments may adjust the quantity of credit accounts that areeligible for the rebate. As can be appreciated by those skilled in theart, a financial institution may desire to assist as many accountholders as feasible; however, extending the rebate to too many creditaccounts may reduce the financial institution's ability to assist othertypes of account holders. In one embodiment, the threshold and/or one ormore criteria used to determine if a credit account meets the thresholdis adjusted. In one embodiment, the threshold is set such thatapproximately 1.5% of the credit accounts that have a non-zero creditbalance meet or exceed the threshold.

Further aspects relate to systems for performing one or more of theprocesses described herein. In one embodiment, the system may comprisean account monitor module configured to receive electronic signalsindicative that one or more credit accounts meet a threshold ofprobability of having a charge-off. The system may comprise a paymentmonitor module that is in communication with the account monitor module.The payment monitor module may be configured to receive electronicsignals indicative that the minimum payment amount was received for afirst billing period of the billing cycle for at least a subset of thecredit accounts. In further embodiments, a selection module maydetermine, based upon information received at the account monitor andthe payment monitor, that at least a portion of the credit accountswithin the subset are eligible for a rebate up to and including thefinance charge.

Various embodiments of the invention may be implemented in personalcredit accounts including individual and joint accounts. However, it isalso contemplated that various embodiments of the invention can also beimplemented in commercial accounts for businesses. These and otheraspects of the invention are discussed in greater detail throughout thisdisclosure, including the accompanying drawings.

BRIEF DESCRIPTION OF THE DRAWINGS

The present disclosure is illustrated by way of example and not limitedin the accompanying FIGS. in which like reference numerals indicatesimilar elements and in which:

FIG. 1 shows an illustrative operating environment in which variousaspects of the invention may be implemented; and

FIG. 2 is a flowchart showing an illustrative method in accordance withan embodiment of the invention.

DETAILED DESCRIPTION

Aspects of the disclosure relate to systems and methods for providing arebate of at least a portion of a finance charge applied to a creditaccount. In one embodiment, the credit account may be a revolving creditaccount, such as a credit card. For example, a finance charge may beapplied as an annual percentage rate (APR) of the outstanding creditbalance on a monthly billing cycle (thus, each month is a billingperiod). Certain systems and methods disclosed herein could beimplemented to apply a rebate of a previous month's finance charge (or aportion thereof). As explained immediately below, certain embodimentsmay be implemented by one or more computing devices adapted to conductone or more processes described herein.

FIG. 1 illustrates an example of a suitable computing system environment100 for implementing the processes described herein, for example,executing one or more processes shown in FIG. 2. The computing systemenvironment 100 is only one example of a suitable computing environmentand is not intended to suggest any limitation as to the scope of use orfunctionality of the invention. The computing system environment 100should not be interpreted as having any dependency or requirementrelating to any one or combination of components shown in theillustrative computing system environment 100.

Various embodiments of the invention are operational with numerous othergeneral purpose or special purpose computing system environments orconfigurations. Examples of well known computing systems, environments,and/or configurations that may be suitable for use with variousembodiments of the invention include, but are not limited to, personalcomputers, server computers, hand-held or laptop devices, multiprocessorsystems, microprocessor-based systems, set top boxes, programmableconsumer electronics, network PCs, minicomputers, mainframe computers,distributed computing environments that include any of the above systemsor devices, and the like.

With reference to FIG. 1, the computing system environment 100 mayinclude a computing device 101 wherein the processes discussed hereinmay be implemented. The computing device 101 may have a processor 103for controlling overall operation of the computing device 101 and itsassociated components, including RAM 105, ROM 107, communications module109, and memory 115. Computing device 101 typically includes a varietyof computer readable media. Computer readable media may be any availablemedia that may be accessed by computing device 101 and include bothvolatile and nonvolatile media, removable and non-removable media. Byway of example, and not limitation, computer readable media may comprisea combination of computer storage media and communication media.

Computer storage media include volatile and nonvolatile, removable andnon-removable media implemented in any method or technology for storageof information such as computer readable instructions, data structures,program modules or other data. Computer storage media includes, but isnot limited to, random access memory (RAM), read only memory (ROM),electronically erasable programmable read only memory (EEPROM), flashmemory or other memory technology, CD-ROM, digital versatile disks (DVD)or other optical disk storage, magnetic cassettes, magnetic tape,magnetic disk storage or other magnetic storage devices, or any othermedium that can be used to store the desired information and that can beaccessed by computing device 101.

Communication media typically embodies computer readable instructions,data structures, program modules or other data in a modulated datasignal such as a carrier wave or other transport mechanism and includesany information delivery media. A modulated data signal is a signal thathas one or more of its characteristics set or changed in such a manneras to encode information in the signal. By way of example, and notlimitation, communication media includes wired media such as a wirednetwork or direct-wired connection, and wireless media such as acoustic,RF, infrared and other wireless media.

Although not shown, RAM 105 may include one or more applicationsrepresenting the application data stored in RAM 105 while the computingdevice is on and corresponding software applications (e.g., softwaretasks), are running on the computing device 101.

Communications module 109 may include a microphone, keypad, touchscreen, and/or stylus through which a user of computing device 101 mayprovide input, and may also include one or more of a speaker forproviding audio output and a video display device for providing textual,audiovisual and/or graphical output.

Software may be stored within memory 115 and/or storage to provideinstructions to processor 103 for enabling computing device 101 toperform various functions. For example, memory 115 may store softwareused by the computing device 101, such as an operating system 117,application programs 119, and an associated database 121. Alternatively,some or all of the computer executable instructions for computing device101 may be embodied in hardware or firmware (not shown). Database 121may provide centralized storage.

Computing device 101 may operate in a networked environment supportingconnections to one or more remote computing devices, such as accountholder computing devices 141 and 151. The account holder computingdevices 141 and 151 may be personal computing devices or servers thatinclude many or all of the elements described above relative to thecomputing device 101. Account holder computing device 161 may be amobile device communicating over wireless carrier channel 171 or througha wireless LAN or WAN.

The network connections depicted in FIG. 1 include a local area network(LAN) 125 and a wide area network (WAN) 129, but may also include othernetworks. When used in a LAN networking environment, computing device101 is connected to the LAN 125 through a network interface or adapterin the communications module 109. When used in a WAN networkingenvironment, computing device 101 may include a modem in thecommunications module 109 or other means for establishing communicationsover the WAN 129, such as the Internet. It will be appreciated that thenetwork connections shown are illustrative and other means ofestablishing a communications link between the computing devices may beused. The existence of any of various well-known protocols such asTCP/IP, Ethernet, FTP, HTTP and the like is presumed, and the system canbe operated in a client-server configuration to permit a user toretrieve web pages from a web-based server. Any of various conventionalweb browsers can be used to display and manipulate data on web pages.

Additionally, one or more application programs 119 used by the computingdevice 101, according to an illustrative embodiment, may includecomputer executable instructions, that when executed by a processor,such as processor 103 may execute methods that use one or more modules,such as account monitor module 120, account status module 122, paymentmonitor module 124, and/or selection module 126. Modules 120, 122, 124,and 126 may comprise hardware, software, or combinations thereof.Further, while the illustrative embodiment shows the modules 120, 122,124, and 126 within computing device 101, those skilled in the art willunderstand that one or more modules may be located in one or moredifferent computing devices, such as for example, in communicationthrough WAN 129 and/or 131, LAN 125, and/or carrier 171. Moreover, oneor more of the modules 120, 122, 124, 126 may be combined and are notrequired to be physically or logically separated. Illustrativeimplementations of modules 120, 122, 124 and 126 will be described inmore detail later in this disclosure.

Illustrative embodiments discussed herein may include forms ofcomputer-readable media. Computer-readable media include any availablemedia that can be accessed by a computing device 101. Computer-readablemedia may include storage media and communication media. Storage mediainclude volatile and nonvolatile, removable and non-removable mediaimplemented in any method or technology for storage of information suchas computer-readable instructions, object code, data structures, programmodules, or other data. Communication media include any informationdelivery media and typically embody data in a modulated data signal suchas a carrier wave or other transport mechanism.

Aspects of the disclosure relate to reducing past due amounts in creditaccounts. As used herein, a credit account is an account that includes acredit balance, a finance charge, and a billing cycle having a minimumpayment amount for a billing period of the billing cycle.

FIG. 2 is a flowchart 200 of an illustrative method in accordance withone embodiment of the invention. The method of FIG. 2 may be implementedby one or more of the components in FIG. 1 and/or other components,including other computing devices. As depicted in FIG. 2, step 202 mayinclude receiving a notification (i.e., through electronic signals) thata credit account meets a threshold probability of leading to acharge-off for the financial institution that holds the account. In oneembodiment, the notification may be received by the account monitormodule 120 shown in FIG. 1. In one embodiment, the account monitormodule 120 may be utilized, at least in part, in any determination(s)whether the credit account meets the threshold. Thus, in certainembodiments, the reception of any electronic signals indicative that anaccount meets the threshold may be from a determination conducted, atleast in part, within the account monitor module 120. While theillustrative embodiments discussed below are described in relation tothe illustrative account monitor module 120, those skilled in the artwill appreciate that other computing devices, or components thereof, maybe used or modified to fulfill the function of the disclosed accountmonitor module 120 without departing from the scope of the invention.

In certain embodiments, the account monitor module 120 may receiveinformation or be configured to calculate the utilization of the creditaccount by an account holder. In one embodiment, the utilization of thecredit account is calculated by determining the current balance of thecard and the credit limit. Yet in another embodiment, a time-weightedaverage may be used to consider the utilization of the credit account.The account monitor module 120 may also receive or derive informationregarding inquiries into the credit account. For example, if the accountholder has applied for more credit and/or conducted certain financialactivities, third-parties may have inquired into the credit history orstatus of the account holder's credit report at credit bureaus. Thus,information regarding recent activity (or the frequency of suchactivity) may be utilized, in whole or in part, in determining whetherthe account meets the threshold (and thus, whether the notification ofstep 202 is transmitted).

In another embodiment, transactions involving the credit account may beconsidered when determining whether the account meets the threshold. Forexample, payment history including any past due amounts may be relevant.Further, recent activity may suggest that the account holder is likelyhave a past due amount or unpaid account. In another embodiment,information from one or more other accounts, which may or may not becredit accounts, may be received. Status information regarding one ormore accounts may be received through communications module 109 and/orgenerated or stored at account status module 122. Types of accountsinclude, but are not limited to, savings accounts, money marketaccounts, line of credit accounts, checking accounts, credit cardaccounts, brokerage money market accounts, other investment accounts(e.g., accounts containing both book-entry and physical securities), ora combination of one or more of various account types.

The types of transactions can be, but are not limited to, ATMtransactions, check drafting transactions, cash withdrawals,credit/debit card transactions, ACH transactions, wire transactions,online billpay, person-to-person payment network transactions, and othertransactions. Additional information may include the balance, dateopened, date closed, credit line, charges for late payment, accountdeficiencies, utilization, and/or any information that may determine thefinancial health of the account holder. For certain accounts, the creditaccount holder may not be the sole account holder and/or have primaryresponsibility, and the information from those accounts may be weightedaccordingly in any determination(s).

Whether a credit account meets a threshold may be determined by aplurality of different methods. Some methodologies are well known in theart and do not warrant further discussion. In certain embodiments, thequantity of credit accounts that meet the threshold may be limited. Step204 may include quantification of credit accounts that meet thethreshold. For example, in tough economic climates, the quantity ofcredit accounts that meet (or exceed) the threshold may be elevated.While it is the goal of certain embodiments to reduce the economicburden on account holders, incurring excessive expenses on the financialinstitution holding the credit account may result in high losses, whichcould prevent the financial institution to extend credit or otherwiseassist other account holders during periods of economic turmoil. Thus,if at step 204 it is determined that too many credit accounts meet thethreshold, step 206 may be implemented to alter the threshold and/or oneor more criteria used to determine if a credit account meets thethreshold.

In one embodiment, the threshold may be set so that about 1.5% of creditaccounts with a non-zero balance meet and/or exceed the threshold. Thepercentage of credit accounts that meet and/or exceed the threshold maybe different for other embodiments. In an effort to assist more of itscredit account holders through tough economic times, the financialinstitution may adjust the threshold and/or the criteria at 206 toinclude more accounts. In certain embodiments, step 202 may again beperformed following 206.

Step 208 may be implemented to transmit notification to the accountholder of the credit account that the account has been consideredeligible for a rebate. In certain embodiments, the account holder may benotified that the credit account may be eligible to receive a full orpartial rebate of a finance charge applied during a billing period of abilling cycle if the minimum payment amount is timely received. In oneembodiment, step 208 is “proactive” such that it may be implemented as aresult of an event, such as step 202, in which it is determined that thecredit account meets or exceeds the threshold and/or the credit accountbecomes past due and/or remains unpaid. In this regard, proactive eventsdo not require an account holder to contact the financial institution torequest assistance or to obtain the rebate. In certain embodiments,proactive events may allow the financial institution to identify acurrent credit account that is likely to become past due. Thus,implementing one or more proactive events may allow the financialinstitution to proactively assist the credit account holder.

In other embodiments, step 208 may be reactive. For example, a creditaccount holder may contact the financial institution who issued thecredit account to indicate that they are undergoing financialdifficulty. In one embodiment, the credit institution may determine(either manually or electronically) that the credit account holder doesnot qualify for a “workout” program before determining to undertakereactive events. The “workout” programs considered by the financialinstitution may be those managed, implemented, or controlled either bythe financial institution and/or third parties, including governmentagencies. In response, step 208 may be implemented and the correspondingcredit account may be marked as meeting and/or exceeding the threshold.Thus, in certain embodiments, the criteria of step 202 may includeinteractions with the credit account holder. In alternative embodiments,step 208 may occur after such rebates (see, e.g. step 212) are appliedto the credit account.

Delivery channels to transmit the notification may include, but are notlimited to, the internet, email or other electronic messaging, phoneand/or facsimile. For example, communications module 109 shown in FIG. 1may be used. In certain embodiments, account holders may receive thenotification via mobile phone, smartphone, PDA, personal computer, faxmachine, and the like, such as accessible over carrier channel 171and/or through a wireless LAN 125 or WAN 129/131.

At step 210, a notification may be received that includes informationindicative that the minimum payment amount for a billing period wasreceived in regards to the credit account. In certain embodiments, thenotification includes information that the minimum payment amount wasreceived for at least a subset of the plurality of credit accounts thatmeet and/or exceed the threshold. In one embodiment, payment monitormodule 124 of FIG. 1 may be used to receive such notification (such asthrough communications module 109) and/or generate the notification,such as with processor 103. Such processes for determining whether apayment was received are known in the art and will not be described indetail here.

In one embodiment, payment monitor module 124 may be configured todetermine the amount of the payment received, the date received, and/orthe date posted. In further embodiments, the payment monitor module 124may calculate whether the payment was received during the applicablebilling period, such as for example, using the above-identifiedinformation. In one embodiment, the payment monitor module 124 may beconfigured to transmit an electronic signal to another module, such asselection module 126 indicative that the payment was received. Inanother embodiment, payment monitor module 124 may electronically “flag”data, such as a file stored on a computer-readable medium, such aswithin data 121 indicative that payment was received for the particularcredit account(s).

At step 212, it may be determined that at least a portion of the creditaccounts within the subset are eligible for a rebate due to the minimumpayment amount being received. In certain embodiments, the rebate amountis up to and includes the finance charge and may be applied before thenext billing period. The determination of step 212 may be made, at leastin part, using processor 103. In certain embodiments, selection module126 may be used to determine which account(s) are eligible. Theselection module 126 may be configured to read electronically storedinformation, such as data 121 to locate any “flags” indicative ofselected files, such as flags written by the payment monitor module 124.As shown in FIG. 2 step 210 and 212 may occur at least partiallysimultaneously or serially in which step 212 may be initiated beforeand/or after step 210.

In certain embodiments, additional criteria must be met before therebate is applied to a credit account. Thus, step 214 may be implementedto determine (or receive notification) whether additional criteria havebeen satisfied. For example, in some embodiments, a rebate might not beapplied to an account if the credit balance increases during one or morebilling periods of the billing cycle. For example, if the credit accountis a revolving credit card account with a monthly billing cycle and thecredit balance increases during the billing period representing thethird month, the credit account might not be eligible for the rebate forthat third month. In certain embodiments, the credit account may nolonger be eligible for any further rebates following the billing periodin which the credit account balance increased. In yet other embodiments,the credit account might not be eligible for rebates for a predefinedquantity of billing periods. Yet in another embodiment, the creditaccount might not be eligible for the rebate until the credit balance isat or below a predetermined amount.

In further embodiments, step 214 may determine (or receive notificationof the determination) whether any activity that increases the creditbalance within a billing period has occurred. Thus, although the creditbalance may be lower than the prior billing period, the credit accountmay not remain eligible for the rebate if any activity (such aspurchases) results in any increase in the current balance. Suchrestrictions may be useful when a financial institution must close anaccount but still wishes to incentivize the account holder to repay thecredit balance.

Further criteria may relate to whether the minimum amount due wasreceived within a predefined time period. In one embodiment, the paymentmust be received before the regular “due date” of the billing period toretain eligibility for the rebate. In another embodiment, receiving thepayment late may remove the credit account from eligibility for at leastthat billing period. In one embodiment, if the quantity of late paymentsmeets or exceeds a threshold during a predefined time period (such asone year) then the credit account may no longer be eligible for therebate for future billing periods.

Those skilled in the art will readily understand that the determinationwhether criteria has been satisfied may be conducted over time and, thuscertain determinations may be made before one or more steps, includingsteps 202-212. Furthermore, one or more processes may be provided togenerate communication through any communication medium, electronic orphysical, informing the account holder of the credit account of thecriteria of step 214, such as for example, when informing the accountholder the credit account is eligible for the rebate. As shown in FIG.2, if the criteria are met at step 216, step 218 may be implemented inwhich the rebate is applied.

In one embodiment implementing step 218, the rebate may be applied tothe next billing period (such as the next month), yet in otherembodiments, the rebate may not be applied to the credit account for apredefined period of time (after 6 months). In certain embodiments, therebate is not applied against the funds of the credit balance, butrather is applied, either partially or wholly, of the applicable financecharge, thus in certain embodiments, the minimum payment amount due isnot reduced for the next billing cycle.

Steps 210 and/or 214 may be implemented at regular or irregularintervals to further determine if additional rebates are applicable,such as during subsequent billing periods. Aspects of the disclosedsystems and methods may benefit the financial institution while beingimplemented efficiently and at a relatively low cost. In providingassistance to credit account holders during periods of economichardship, the financial institution is providing an incentive for thecustomer to bring to the financial institution more of their financialholdings. The financial institution might also use existing paymentchannels, transaction transfer capabilities, and messaging preferencesin combination and with customer defined profile choices to conducttransactions efficiently and at a relatively low cost. The creditaccount holder also benefits by spending less capital to pay off thecredit balance and/or by maintaining (or minimizing adverse effects to)an existing credit rating.

Although the subject matter has been described in language specific tostructural features and/or methodological acts, it is to be understoodthat the subject matter defined in the appended claims is notnecessarily limited to the specific features or acts described above.Rather, the specific features and acts described above are disclosed asexample forms of implementing the claims.

We claim:
 1. An apparatus, comprising: at least one processor; and amemory storing computer-readable instructions that, when executed by theat least one processor, cause the apparatus to: determine that a creditaccount of a plurality of credit accounts meets a threshold probabilityof resulting in a charge-off; receive notification that the creditaccount of a plurality of credit accounts meets the threshold ofprobability of having a charge-off; receive notification that a minimumpayment amount was received for a first billing period of a billingcycle of the credit account; and determine that the credit account iseligible for a rebate up to a finance charge amount incurred during thefirst billing period.
 2. The apparatus of claim 1, wherein thedetermination that the credit account meets the threshold probability ofresulting in a charge-off is based on at least one of: account holderutilization of the credit account, account transactions, inquiries intothe credit account, and information from other accounts.
 3. Theapparatus claim 1, further including instructions that, when executed,cause the apparatus to: apply the rebate to the finance charge amount ofthe first billing period, wherein a minimum payment amount due for asecond billing period is not reduced for the second billing period. 4.The apparatus of claim 1, further including instructions that, whenexecuted, cause the apparatus to: transmit a notification to an accountholder of the credit account indicating that the credit account iseligible for the rebate.
 5. The apparatus of claim 4, the notificationto the account holder including additional restrictions or eligibilityrequirements associated with the rebate.
 6. The apparatus of claim 5,wherein the additional restrictions or eligibility requirements includea requirement that a credit balance of the credit account cannotincrease between the first billing period and a second billing period.7. The apparatus of claim 1, wherein determining that the credit accountof the plurality of credit accounts meets a threshold probability ofresulting in a charge-off further includes determining that a secondplurality of credit accounts defining a subset of the plurality ofcredit accounts meets a threshold probability of resulting in acharge-off; and further including instructions that, when executed,cause the apparatus to: determine a quantity of credit accounts in thesecond plurality of accounts; determine that the quantity of creditaccounts meets or exceeds a threshold quantity of credit accounts; andresponsive to determining that the quantity of credit accounts meets orexceeds the threshold quantity of accounts, adjust the thresholdprobability of resulting in a charge-off.
 8. A method, comprising:determining, by an account monitor module of system including at leastone computing device, that a credit account of a plurality of creditaccounts meets a threshold probability of resulting in a charge-off;receiving, by the system, notification that the credit account of aplurality of credit accounts meets the threshold of probability ofhaving a charge-off; receiving, by the system, notification that aminimum payment amount was received for a first billing period of abilling cycle of the credit account; and determining, by the system,that the credit account is eligible for a rebate up to a finance chargeamount incurred during the first billing period.
 9. The method of claim8, wherein the determination that the credit account meets the thresholdprobability of resulting in a charge-off is based on at least one of:account holder utilization of the credit account, account transactions,inquiries into the credit account, and information from other accounts.10. The method claim 8, further including: applying, by the system, therebate to the finance charge amount of the first billing period, whereina minimum payment amount due for a second billing period is not reducedfor the second billing period.
 11. The method of claim 8, furtherincluding: transmitting, by the system, a notification to an accountholder of the credit account indicating that the credit account iseligible for the rebate.
 12. The method of claim 11, the notification tothe account holder including additional restrictions or eligibilityrequirements associated with the rebate.
 13. The method of claim 12,wherein the additional restrictions or eligibility requirements includea requirement that a credit balance of the credit account cannotincrease between the first billing period and a second billing period.14. The method of claim 8, wherein determining that the credit accountof the plurality of credit accounts meets a threshold probability ofresulting in a charge-off further includes determining that a secondplurality of credit accounts defining a subset of the plurality ofcredit accounts meets a threshold probability of resulting in acharge-off; and further including: determining, by the system, aquantity of credit accounts in the second plurality of accounts;determining, by the system, that the quantity of credit accounts meetsor exceeds a threshold quantity of credit accounts; and responsive todetermining that the quantity of credit accounts meets or exceeds thethreshold quantity of accounts, adjusting, by the system, the thresholdprobability of resulting in a charge-off.
 15. One or more non-transitorycomputer-readable media having computer-executable instructions storedthereon that, when executed, cause at least one computing device to:determine that a credit account of a plurality of credit accounts meetsa threshold probability of resulting in a charge-off; receivenotification that the credit account of a plurality of credit accountsmeets the threshold of probability of having a charge-off; receivenotification that a minimum payment amount was received for a firstbilling period of a billing cycle of the credit account; and determinethat the credit account is eligible for a rebate up to a finance chargeamount incurred during the first billing period.
 16. The one or morenon-transitory computer-readable media of claim 15, further includinginstructions that, when executed, cause the at least one computingdevice to: apply the rebate to the finance charge amount of the firstbilling period, wherein a minimum payment amount due for a secondbilling period is not reduced for the second billing period.
 17. The oneor more non-transitory computer-readable media of claim 15, furtherincluding instructions that, when executed, cause the at least onecomputing device to: transmit a notification to an account holder of thecredit account indicating that the credit account is eligible for therebate.
 18. The one or more non-transitory computer-readable media ofclaim 17, the notification to the account holder including additionalrestrictions or eligibility requirements associated with the rebate. 19.The one or more non-transitory computer-readable media of claim 18,wherein the additional restrictions or eligibility requirements includea requirement that a credit balance of the credit account cannotincrease between the first billing period and a second billing period.20. The one or more non-transitory computer-readable media of claim 15,wherein determining that the credit account of the plurality of creditaccounts meets a threshold probability of resulting in a charge-offfurther includes determining that a second plurality of credit accountsdefining a subset of the plurality of credit accounts meets a thresholdprobability of resulting in a charge-off; and further includinginstructions that, when executed, cause the at least one computingdevice to: determine a quantity of credit accounts in the secondplurality of accounts; determine that the quantity of credit accountsmeets or exceeds a threshold quantity of credit accounts; and responsiveto determining that the quantity of credit accounts meets or exceeds thethreshold quantity of accounts, adjust the threshold probability ofresulting in a charge-off.